A Bibliometric Analysis on the Impact of Corruption on Foreign Direct Investment Attractiveness

Abstract

The purpose of this research is to investigate the asymmetric link between corruption and foreign direct investment (FDI). The article examines the literature to assess the impact of corruption on FDI attractiveness using bibliometric and content analysis based on 148 articles from Scopus database for a period of 24 years (1999–2022). The findings reveal that research on the theme has grown a lot in terms of publications. The geographical focus of the literature has been on developing economies as compared to developed economies. It has also been observed that majority of research contribution has been made by developed nations. The findings indicate that the impact of corruption on FDI differs on the basis of development level of economies. The foreign market attractiveness and corruption distance also influences the flow of foreign capital in bilateral trade. The study intends to contribute positively to the understanding of association of corruption with FDI, by analysing the existing literature, the most significant works, authors, journals and the emerging topics of concern on the theme.